The U.S. Securities and Exchange Commission (SEC) claimed that ICOBox and founder Nikolay Evdokimov violated securities laws with its 2017 token deal and another activity involving initial coin offerings (ICOs).
The SEC has penalized Russia-based analytics company ICORating for failure to reveal payments for positive reviews to different projects.
According to the filing, the respondents will collectively be fined about $7 million as part of the settlement agreement.
New Jersey’s Bureau of Securities has revealed enforcement action against two state-based initial coin offerings.
Initial coin offering (ICO) expert CoinLaunch has concurred to pay $50,000 to the Ontario Securities Commission (OSC).
Private-key management startup Torus has received investment from Multicoin, Binance, and Coinbase.
After securing $575 million in its 2018 initial coin offering (ICO), media streaming platform TaTaTu has pivoted away from the blockchain- and crypto-based facade it presented.
Blockchain data startup company dfuse has secured $3.5 million in its first official round of equity funding led by Multicoin Capital and Intel Capital.
The initial stablecoin will be introduced on the platform “in a matter of weeks to a month or two.”
Kik CEO says the company will "welcome the opportunity to fight for the future of crypto in the United States."
The company will launch exchange services in Monterrey, Queretáro, Sinaloa, Quintana Roo, Mexico City, Jalisco, South Lower California, and Yucatán.
SEC is using its existing regulatory framework to accommodate investment tokens that manage to transform themselves into something closer to utility tokens.
The SEC’s Corporate Finance Director said ICOs may be exempt from securities laws.
The Australian Securities and Investments Commission (ASIC) has released updated regulatory guidance for ICOs and crypto-related businesses.
PepsiCo has finished a blockchain trial that resulted in a 28 percent improvement in supply chain efficiency.